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Molson Coors Beverage (NYSE:TAP) & NewAge (NASDAQ:NBEVQ) Financial Review

Defense World ·  Jan 2, 2023 01:41

Molson Coors Beverage (NYSE:TAP – Get Rating) and NewAge (NASDAQ:NBEVQ – Get Rating) are both consumer staples companies, but which is the superior stock? We will contrast the two businesses based on the strength of their earnings, profitability, analyst recommendations, valuation, dividends, risk and institutional ownership.

Analyst Recommendations

This is a summary of current ratings for Molson Coors Beverage and NewAge, as reported by MarketBeat.com.

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Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Molson Coors Beverage 3 7 1 0 1.82
NewAge 0 0 0 0 N/A

Molson Coors Beverage presently has a consensus target price of $53.50, suggesting a potential upside of 3.84%. Given Molson Coors Beverage's higher probable upside, equities research analysts clearly believe Molson Coors Beverage is more favorable than NewAge.

Insider and Institutional Ownership

76.2% of Molson Coors Beverage shares are held by institutional investors. Comparatively, 1.3% of NewAge shares are held by institutional investors. 2.3% of Molson Coors Beverage shares are held by company insiders. Comparatively, 2.9% of NewAge shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares Molson Coors Beverage and NewAge's revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Molson Coors Beverage $12.45 billion 0.90 $1.01 billion $2.28 22.60
NewAge $279.47 million 0.00 -$39.34 million ($0.32) 0.00

Molson Coors Beverage has higher revenue and earnings than NewAge. NewAge is trading at a lower price-to-earnings ratio than Molson Coors Beverage, indicating that it is currently the more affordable of the two stocks.

Risk and Volatility

Molson Coors Beverage has a beta of 0.86, meaning that its share price is 14% less volatile than the S&P 500. Comparatively, NewAge has a beta of 1.7, meaning that its share price is 70% more volatile than the S&P 500.

Profitability

This table compares Molson Coors Beverage and NewAge's net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Molson Coors Beverage 3.85% 5.78% 2.88%
NewAge N/A N/A N/A

Summary

Molson Coors Beverage beats NewAge on 11 of the 13 factors compared between the two stocks.

About Molson Coors Beverage

(Get Rating)

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers flavored malt beverages, craft, and ready to drink beverages. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.

About NewAge

(Get Rating)

NewAge, Inc. develops, markets, sells, and distributes healthy products in the United States, Japan, China, and internationally. The company operates in two segments, Direct / Social Selling and Direct Store. It provides health and wellness, energy drink, essential oil and anti-aging skincare, cosmetic, beverage, snacks, water and air filtration, and personal care products, as well as weight management, nutritional supplement, nutraceutical, and slenderiize products; diagnostic products, such as DNA testing and diagnostic kits and products; and CBD products. The company offers its products under the Tahitian Noni, LIMU, Zennoa, LIMU Blue Frog, Hiro Natural, TeMana, Lucim, Reviive, Puritii, and MaVie brands. It sells its products directly to customers, as well as through distributors, e-commerce sites, and direct-store-delivery systems. The company was formerly known as New Age Beverages Corporation and changed its name to NewAge, Inc. in July 2020. NewAge, Inc. was incorporated in 2010 and is headquartered in Denver, Colorado. On August 30, 2022, NewAge, Inc. along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

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